TreasuryDirect has no sell button. To cash out a T-bill before maturity, you transfer it to a brokerage with FS Form 5511. Here’s the 45-day rule, the broker details you need, the bank signature certification, and the mistakes that delay transfers.
Tag: brokerage accounts
What Happens to Fractional Shares When You Transfer Brokers (ACATS)?
Fractional shares generally can’t transfer through ACATS. In a full transfer they’re usually sold and swept as cash; in a partial transfer they often stay behind. Here’s how it works and how to plan.
